Covid-19: Rent Collection on Business Premises

Please see below a recent announcement from the Government relating to rent collection on business premises.

 

Under the new temporary measures:

  • Statutory demands and winding up petitions issued to commercial tenants are to be temporarily voided;
  • Changes are to be made to the use of Commercial Rent Arrears Recovery, building on measures already introduced in the Coronavirus Act;
  • Landlords and investors are being asked to work collaboratively with businesses unable to pay their bills.

 

CLICK HERE For more details about this announcement

 

Please do get in touch if we can assist with any queries at info@otleybid.co.uk.

Kind regards & stay safe

 

Tom Hatley

Chair – Otley Business Improvement District Ltd

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